Qualitas Energy reinforces its commitment to accelerating the energy transition with a new strategic plan targeting investments of €9 billion euros by 2025
28/02/2022 – Madrid
- Investments in different renewable generation sources, smart distribution infrastructures, storage solutions and other projects related to the energy transition will be boosted
- New growth platforms in markets with strong renewable energy momentum and stable regulatory frameworks across Europe, the U.S. and Latin America will be developed
- In Europe, Q-Energy has an office in Berlin and is already one of the largest wind power operators in Germany; it is present in the UK with an office and local team in London, and in Italy, where Q-Energy signed a collaboration agreement with Palladio Holding for the development of joint projects in July, it will soon open its own office in Milan
Q-Energy, a global investment and management platform focused on renewable energy, energy transition and sustainability, today announced its new Strategic Plan for 2022 – 2025 through which it will invest €9 billion in renewable energy sources, energy storage and distribution projects.
The new plan, which reinforces Q-Energy’s commitment to driving the change towards a decarbonized economy, is based on two core priorities: diversification and internationalization. On the one hand, Q-Energy will broaden its investment strategy by identifying opportunities across different renewable energy sources, such as solar, wind, hydrogen, or biomass, renewable energy storage solutions and essential infrastructure, such as smart grids, to accelerate the energy transition. It will also explore investments in other areas related to the decarbonization of the economy (Power to X).
On the other hand, Q-Energy will identify new growth platforms in Europe, the U.S. and Latin America by investing in markets which are seeing strong renewable energy momentum and have stable regulatory frameworks. In Europe, the company already has an office in Berlin and is one of the largest wind power operators in Germany; after signing a collaboration agreement in Italy in July with Palladio Holding for the development of joint projects, Q-Energy has just announced the opening of its own office in Milan to continue exploring opportunities in the market independently; additionally, Q-Energy is present in the UK with its own office and team in London.
As part of the new strategic plan, Q-Energy is analysing the potential entry of new strategic partners in operational projects and assets under development in the Spanish market. In particular, Q-Energy is evaluating a €1 billion transaction, which could include a set of 80-MW photovoltaic assets and a 4.5GW-portfolio composed of photovoltaic and wind assets under development located in different parts of Spain and which are at different stages of obtaining administrative permits.
Q-Energy is currently investing its fourth fund, Q-Energy IV, which focuses primarily on new renewable energy plants, the repowering and modernization of end-of-life assets, as well as the operational and financial optimization of large-scale plants across the EU. Q-Energy IV, which closed in June 2021 with total investment commitments of €1.1 billion, is 75% invested or committed and Q-Energy expects to fully deploy the fund during 2022.
About Qualitas Energy
Qualitas Energy is a leading investment and management platform focused on renewable energy, energy transition, and sustainable infrastructure investment. Since 2006, the Qualitas Energy team has managed investments of more than €11 billion in renewable energy worldwide. These investments have been deployed through five vehicles: Fotowatio / FRV, Vela Energy, Q-Energy III, Q-Energy IV, and Q-Energy V. Qualitas Energy’s existing portfolio currently holds 5 GW of operating and development energy assets, including 3 GW of wind, more than 1 GWp of solar PV, 242 MW of solar thermal power (CSP), 180 MW of renewable natural gas, 63 MW of battery, and 60 MW of hydroelectric power assets across Spain, Germany, the UK, Italy, Poland, and Chile. Since 2020, Qualitas Energy has produced sufficient energy to power 1.54 million homes and, since 2021, has successfully avoided emissions of 1.32 million metric tons of CO2 equivalent. The Qualitas Energy team is composed of more than 650 professionals across twelve offices in Madrid, Berlin, London, Milan, Hamburg, Wiesbaden, Trier, Cologne, Stuttgart, Warsaw, Wroclaw, and Santiago.